Tag archives: Cybersecurity Fortification Initiative

Hong Kong Monetary Authority Announces Enhanced Competency Framework on Cybersecurity

By Anna Gamvros and Ruby Kwok (HK) on December 27, 2016 Posted in Regulatory response

Data Protection Report - Norton Rose Fulbright

On 19 December 2016, the Hong Kong Monetary Authority (“HKMA”) announced the launch of the Enhanced Competency Framework on Cybersecurity (“ECF-C”).… Continue reading

Hong Kong Monetary Authority Strengthens Cybersecurity Controls on Banks

By Anna Gamvros and Ruby Kwok (HK) on May 20, 2016 Posted in Regulatory response

Data Protection Report - Norton Rose Fulbright

The Hong Kong Monetary Authority (HKMA) is taking action to tackle cyber security in the banking sector in Hong Kong through the Cybersecurity Fortification Initiative (CFI) – a new comprehensive initiative announced on May 18, 2016, which aims to raise the level of cybersecurity of the banks in Hong Kong. This follows the Hong Kong Securities and Futures Commission’s (SFC) similar initiative … Continue reading